Financial Stability and Interest-Rate Policy
- Mr.Andrea Pescatori
- Stefan Laseen
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Know about the book -
Financial Stability and Interest-Rate Policy is written by Mr.Andrea Pescatori and published by International Monetary Fund. It's available with International Standard Book Number or ISBN identification 1484301498 (ISBN 10) and 9781484301494 (ISBN 13).
Should monetary policy use its short-term policy rate to stabilize the growth in household credit and housing prices with the aim of promoting financial stability? We ask this question for the case of Canada. We find that to a first approximation, the answer is no— especially when the economy is slowing down.
